Ralco Bhd (XKLS:7498) Days Payable : 47.66 (As of Dec. 2023)

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What is Ralco Bhd Days Payable?

Ralco Bhd's average Accounts Payable for the three months ended in Dec. 2023 was RM8.27 Mil. Ralco Bhd's Cost of Goods Sold for the three months ended in Dec. 2023 was RM15.84 Mil. Hence, Ralco Bhd's Days Payable for the three months ended in Dec. 2023 was 47.66.

The historical rank and industry rank for Ralco Bhd's Days Payable or its related term are showing as below:

XKLS:7498' s Days Payable Range Over the Past 10 Years
Min: 19.96 Med: 39.32 Max: 74.12
Current: 74.12

During the past 13 years, Ralco Bhd's highest Days Payable was 74.12. The lowest was 19.96. And the median was 39.32.

XKLS:7498's Days Payable is ranked better than
61.35% of 370 companies
in the Packaging & Containers industry
Industry Median: 58.225 vs XKLS:7498: 74.12

Ralco Bhd's Days Payable increased from Dec. 2022 (46.13) to Dec. 2023 (47.66). It may suggest that Ralco Bhd delayed paying its suppliers.

Ralco Bhd Days Payable Historical Data

The historical data trend for Ralco Bhd's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Ralco Bhd Days Payable Chart

Ralco Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

Get a 7-Day Free Trial

47.04

29.71

19.96

22.28

37.70

Ralco Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Payable	Get a 7-Day Free Trial															46.13	107.59	119.89	63.13	47.66

Competitive Comparison of Ralco Bhd's Days Payable

For the Packaging & Containers subindustry, Ralco Bhd's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ralco Bhd's Days Payable Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ralco Bhd's Days Payable distribution charts can be found below:

* The bar in red indicates where Ralco Bhd's Days Payable falls into.

Ralco Bhd Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Ralco Bhd's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (4.633	+	6.659)	/	2 )	/	54.669	*	365
=	5.646					/	54.669	*	365
=	37.70

Ralco Bhd's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Sep. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (9.882	+	6.659)	/	2 )	/	15.836	*	365 / 4
=	8.2705					/	15.836	*	365 / 4
=	47.66

Ralco Bhd Days Payable Related Terms

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Ralco Bhd (XKLS:7498) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ralco Corp Bhd (XKLS:7498) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 1476, Jalan Lengkok Emas 1, Nilai Industrial Estate, Nilai, NSN, MYS, 71800

Website

https://www.ralco.net

Ralco Corp Bhd. is engaged in the manufacturing and trading of plastic products. Its product line is comprised of Jerrican (Blow molding) and Pail (Injection molding) in various sizes. Jerrican is widely used for the packing of the liquid form of chemical products as well as for edible oils while pails are utilized for packing paints for both household and industrial use. The company has two reportable segments: Plastic products and others. Plastic products include the manufacturing and sale of plastic products. Others include trading of furniture, oil packing, buying and selling of palm oil products, manufacturing or dealing in packaging materials, and all related products. It generates its revenues from the Plastic Products segment. Its firm is based in Malaysia.

Ralco Bhd (XKLS:7498) Headlines

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